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Deceptichum@quokk.au

Labor caught in a bind over Rio Tinto bailout (www.abc.net.au)

submitted 3 weeks ago by Deceptichum@quokk.au to c/auspol@quokk.au

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In short:

The Australian Labor Party government is preparing to step in to support the Tomago Aluminium smelter in New South Wales — despite rising frustration with majority owner Rio Tinto.

What’s next?
The government says “all options” are on the table — including subsidising energy bills or taking a direct stake — while insisting no blank cheque will be written.

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[–] Deceptichum@quokk.au 3 points 3 weeks ago (1 children)

They're certainly a scummy company. Huge environmental disasters are left in their wake as well.

[–] deadbeef79000@lemmy.nz 2 points 3 weeks ago

They did exactly that after shuttering the tiwai point smelter in NZ.

After throwing a tantrum about energy pricing.